Kuwait - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWoolen Fabric Price in Kuwait - 2021
Contents:
- Woolen Fabric Price in Kuwait (CIF) - 2021
- Woolen Fabric Price in Kuwait (FOB) - 2022
- Woolen Fabric Imports in Kuwait
- Woolen Fabric Exports in Kuwait
Woolen Fabric Price in Kuwait (CIF) - 2021
In December 2021, the average woolen fabric import price amounted to $24.0 per square meter, picking up by 34% against the previous month. Over the period under review, the import price enjoyed prominent growth. The pace of growth appeared the most rapid in July 2021 when the average import price increased by 1,260% m-o-m. Over the period under review, average import prices reached the peak figure at $31.3 per square meter in May 2021; however, from June 2021 to December 2021, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In December 2021, the country with the highest price was the UK ($28.5 per square meter), while the price for Germany ($19.8 per square meter) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by China (+27.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Woolen Fabric Price in Kuwait (FOB) - 2022
The average woolen fabric export price stood at $7.1 per square meter in 2022, shrinking by -25.1% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 56%. Over the period under review, the average export prices hit record highs at $9.5 per square meter in 2021, and then declined significantly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($17 per square meter), while the average price for exports to South Korea ($1.9 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.
Woolen Fabric Imports in Kuwait
In 2022, approx. 953K square meters of woven woolen fabrics were imported into Kuwait; jumping by 86% compared with 2021 figures. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, woolen fabric imports surged to $14M in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Woolen Fabric in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1,033 | 2,633 | 3,286 | 4,150 | 59.0% |
| Italy | 1,341 | 1,048 | 1,534 | 3,521 | 38.0% |
| China | 227 | 53.8 | 734 | 1,183 | 73.4% |
| Belgium | 22.2 | 47.4 | 15.8 | 364 | 154.0% |
| India | 133 | 46.3 | 159 | 231 | 20.2% |
| United Arab Emirates | 12.3 | 5.1 | 36.9 | 64.4 | 73.6% |
| Egypt | 97.3 | 81.9 | 50.5 | 53.1 | -18.3% |
| Taiwan (Chinese) | 10.3 | 18.7 | 21.7 | 34.3 | 49.3% |
| Others | 3,082 | 1,703 | 2,107 | 4,549 | 13.9% |
| Total | 5,958 | 5,637 | 7,945 | 14,151 | 33.4% |
Top Suppliers of Woolen Fabric to Kuwait in 2022:
- United Kingdom (196.7K square meters)
- Italy (183.3K square meters)
- China (160.4K square meters)
- Taiwan (Chinese) (80.1K square meters)
- India (29.8K square meters)
- Belgium (24.1K square meters)
- United Arab Emirates (16.2K square meters)
- Egypt (7.3K square meters)
Woolen Fabric Exports in Kuwait
In 2022, approx. 877 square meters of woven woolen fabrics were exported from Kuwait; jumping by 58% on the previous year's figure. Over the period under review, exports, however, showed a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 78% against the previous year. Over the period under review, the exports reached the maximum at 1.3K square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, woolen fabric exports surged to $6.3K in 2022. In general, exports, however, faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 90% against the previous year. The exports peaked at $11K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Woolen Fabric in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | 4.2 | 1.9 | 3.3 | 3.6 | -5.0% |
| United Arab Emirates | 4.6 | 0.5 | 1.1 | 1.3 | -34.4% |
| Qatar | 2.0 | 0.3 | 0.6 | 1.0 | -20.6% |
| South Korea | 0.4 | 0.1 | 0.2 | 0.4 | 0.0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 11.1 | 2.8 | 5.3 | 6.3 | -17.2% |
Top Export Markets for Woolen Fabric from Kuwait in 2022:
- Jordan (359.0 square meters)
- United Arab Emirates (258.0 square meters)
- South Korea (204.0 square meters)
- Qatar (56.0 square meters)
This report provides an in-depth analysis of the woolen fabric market in Kuwait. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13201230 - Woven fabrics of carded wool or carded fine animal hair
- Prodcom 13201260 - Woven fabrics of combed wool or combed fine animal hair, w oven fabrics of coarse animal hair
Country coverage:
- Kuwait
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kuwait
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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